Global Binder Jetting Technology Market Growth 2023-2029

Global Binder Jetting Technology Market Growth 2023-2029

Binder Jetting/3DP (hereinafter referred to as BJ) is a high-efficiency and low-cost "line scan" 3D printing technology. It was born at the Massachusetts Institute of Technology in the United States as early as 1993. The industry chain is longer, and the development process of BJ technology obviously lags behind the laser 3D printing technology based on "point scanning", but with the advantages of efficiency and cost, BJ technology has a strong stamina. In recent years, with a series of technological breakthroughs in the field of BJ, especially the successful development of BJ metal, it has once again attracted widespread attention in the industry, which is called "Additive 2.0" technology. The origins of metal binder jetting can be traced back to 1993, when the Massachusetts Institute of Technology (MIT) developed an inkjet-based process that used metal powders to create 3D objects. Manufacturing company Extrude Hone Corporation licensed the MIT technology exclusively in 1996. The company has since developed and commercialized a metal binder jetting system, and the first 3D printer, the ProMetal RTS-300, was delivered to Motorola in 1999. ExOne was spun off from Extrude Hone Corporation in 2005 and until the early 2010s remained the only company offering metal binder jetting services and systems. At that point, early MIT patents on the technology began to expire, allowing new companies to enter the market. The 2010s marked a new era in metal binder jetting. From start-ups to more established players, many companies are actively seeking to break through the possibilities of current metal-bonded jetting technology. ExOne is one of the oldest players in metal binder jetting.
LPI (LP Information)' newest research report, the “Binder Jetting Technology Industry Forecast” looks at past sales and reviews total world Binder Jetting Technology sales in 2022, providing a comprehensive analysis by region and market sector of projected Binder Jetting Technology sales for 2023 through 2029. With Binder Jetting Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Binder Jetting Technology industry.
This Insight Report provides a comprehensive analysis of the global Binder Jetting Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Binder Jetting Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Binder Jetting Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Binder Jetting Technology and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Binder Jetting Technology.
The global Binder Jetting Technology market size is projected to grow from US$ 87 million in 2022 to US$ 188.2 million in 2029; it is expected to grow at a CAGR of 188.2 from 2023 to 2029.
Global top three manufacturers of Binder Jetting Technology occupied for a share nearly 70 percent, key players are ExOne, Voxeljet and Desktop Metal, etc. North America is the largest producer of Binder Jetting Technology, has a share about 70%, followed by Europe and China.
This report presents a comprehensive overview, market shares, and growth opportunities of Binder Jetting Technology market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Metallic Material
Ceramic Material
Plastic Material
Sand Material
Other
Segmentation by application
Industrial Parts
Aerospace
Car
Medical
Model Mold
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ExOne
Voxeljet
Desktop Metal
Digital Metal
3D Systems
Key Questions Addressed in this Report
What is the 10-year outlook for the global Binder Jetting Technology market?
What factors are driving Binder Jetting Technology market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Binder Jetting Technology market opportunities vary by end market size?
How does Binder Jetting Technology break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.